Sara Gelsheimer is a senior wealth manager at Plancorp, a Registered Investment Advisor serving families in 48 states. Sara has a strong financial background and an even stronger commitment to financial education — particularly for women. Her passion for educating women about investing helped spur InspireHer, which empowers women to find their financial voice through a platform where they can connect with others, ask questions, and have their concerns addressed. In her free time, Sara volunteers as a mentor and sponsors two young women through Hearts & Hope for Uganda. She enjoys live music, hiking, biking, and most of all, spending time with her husband and son.
The SEC's recently adopted Regulation Best Interest, intended to require brokers to act in their clients' best interest, seems to have deepened confusion about the differences between brokers and advisors.